Vietcap Daily - VN-Index ticks up 0.3%

* TNH: Poised for recovery after challenging Q1 - Analyst Meeting Note

* KDH: Gladia’s upcoming low-rise launch to boost 2025F presales - Update

* LPB: Structural improvements drive growth; valuation still rich - Update

* STB: Strong growth ahead driven by resolving legacy assets - Update

* Market wrap: VN-Index ticks up 0.3%

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Market wrap: VN-Index ticks up 0.3%

The VN-Index ticked up 0.3% (+3.5 pts) on Thursday to close the trading day at 1,313.2. The index is on a four-day gain streak, with today’s session led by banks. Across the index, there were 162 gainers, 150 laggards, and 50 unchanged stocks. Total trading volume declined from the previous trading day to USD986.7mn.

* Banks LPB (+3.8%), MBB (+2.2%), ACB (+3.0%), SHB (+5.4%), SSB (+2.9%), STB (+1.8%), VPB (+0.8%), and VIB (+2.2%) were among the top ten stocks helping lift the market. BID (-0.1%) edged down and VCB was unchanged.

* Large-cap real estate tickers VHM (-4.0%), BCM (-2.4%), VRE (-2.2%), NVL (-1.2%), and KBC (-1.5%) sharply fell.

* Hospitality company VPL (+6.9%) jumped for the second straight day, showing a strong start after its first trading day on May 13.

* Noteworthy gainers from other sectors included milk producer VNM (+1.1%), beermaker SAB (+1.6%), food & beverage conglomerate MSN (+0.8%), retailer MWG (+0.5%), and rubber producer GVR (+0.4%).